Churchill Capital Corp. XIII (NASDAQ:XIIIU – Get Free Report) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 80,352 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 190,714 shares, the short-interest ratio is presently 0.4 days.
Churchill Capital Corp. XIII Trading Up 0.5%
XIIIU opened at $10.59 on Friday. Churchill Capital Corp. XIII has a 12 month low of $10.30 and a 12 month high of $10.59.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Churchill Capital Corp. XIII to a “hold” rating in a research report on Saturday, August 15th.
About Churchill Capital Corp. XIII
Churchill Capital Corp. XIII is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more private companies. The company does not operate a conventional business or offer products and services to customers; its primary purpose is to raise capital through a public offering and use those funds, together with other financing, to acquire or merge with a target business.
Like other SPACs, Churchill Capital Corp. XIII may pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar transaction.
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